Europe Multi-Function Display Market

The Europe Multi-function Display market report defines and segments the Multi-function Display market with analysis and forecast of revenue. The Multi-function Display market in Europe is estimated to grow from $2.05 billion in 2014 to $ 3.31 billion by 2020, at a CAGR of 8.32% from 2014 to 2020.

The future of the multi-function display systems will be dominated by technologies such as LEDs, AMLCDs, and Synthetic Vision systems. The LED technology is predominantly used in avionics, since the advantages of LED over LCD are better performance over all ambient light levels, reliability, and performance over temperature. Synthetic vision is a technology that overlays points such as infrared (IR) for low light and poor weather flight, terrain data, enhanced navigation, flight path portrayal, and other data depending on the system that is deployed.

There will be an increasing demand in avionic flight displays, head-up displays, helmet-mounted displays, and wearable displays in the emerging markets. Software architectures in multi-function display systems will be a key area for growth in this market. The driving factors for this market will be an increase in the number of aircraft deliveries and enhanced situational awareness, which will stimulate the growth of the MFD market. Organic light-emitting diodes (OLEDs) and Active Matrix Liquid Crystal Displays (AMLCD) will also trigger growth in the MFD market.

The environments in which military operations occur have always been complex, and modern operations have only served to increase this complexity. Several military requirements and capabilities have speciﬁcally driven the development of electronic flight displays and other multi-function displays. Aspects such as attentional issues are critical in designing and evaluating symbology for helmet-mounted displays to enhance pilot operations in degraded visual environments.

The Blue Ocean strategies in this sector will help the multi-function display market grow at a rapid pace. Despite the sequestration and an economic turbulence in the European region, there will be a demand for multi-function display systems, due to technology advancements and robust R&D initiatives by the major players in this region.

Technological advances have significantly enhanced the design and engineering of an aircraft. These advances have contributed to make pilot systems additionally complex and hence have increased the demand on the human operator.

A competitive landscape with respect to an identification of key players and their market share has also been provided in the report. Strategic profiling of the key players of the multi-function display market, along with a comprehensive analysis of their recent developments, investments, and core competencies in each segment have been identified. Key players profiled in the report are Rockwell Collins, Honeywell Aerospace, Samtel Group, Barco N.V., and Esterline Technologies.

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